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Whitley County, KY · Sold

KY-299986

9518 County Road 389

$1,953,800
$2,563/ac · 762 ac
Acreage762 ac
Price per acre$2,563/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMay 2, 2024
Coordinates36.7935, -84.1732
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Whitley County, Kentucky. Cave country and Appalachian hunting tracts with cheap owner financing.

View Whitley market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands12.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,044 ft away

A long utility run — price in solar/off-grid instead.

Buildable area632.88 of 762.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,640,584
$1,231,415$2,049,754 · $2,152/ac on 762 ac
Asking vs estimate
+19.1%
Priced above the comp set

Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,953,800
Maximum allowable offer
$937,477
$1,230/ac · +30.0% target margin

You need $1,016,323 off asking to hit this margin.

All-in cost$1,017,163
Net resale$1,509,338
Projected profit$492,175
ROI+48.4%
Annualized+69.2%
Break-even resale$1,450/ac
Profit if resale lands off target
-20%
$190,308
-10%
$341,241
0%
$492,175
+10%
$643,109
+20%
$794,043
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-639347
Gravel · Power at road
479.8Feb 19, 2024$1,026,9002,1401,7452.7 mi
73
KY-298664
Paved · Full utilities
292.5Jul 27, 2026$1,452,9004,9672,2053.7 mi
72
KY-487832
Gravel · Off grid
160.1Nov 29, 2024$360,2002,2491,5275.5 mi
65
KY-997662
Dirt · Off grid
141.6Sep 7, 2025$590,5004,1723,0905.2 mi
60
KY-517692
Dirt · Power at road
144.7May 6, 2024$510,3003,5272,3558.5 mi
50
Show adjustment detail for the top comp
  • Tract size (479.79 ac → 762.23 ac)-13.2%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (30 mo)+10.5%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.